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UK plans a European electricity supergrid

A recent report, released by the UK Parliament's Energy and Climate Change Committee, has recommended the construction of European "super" power grid, which would help ensure the country meets its commitment to generate 15% of energy from renewables by 2020.

read more... 27/09/2011

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A 900% growth in British solar capacity

A 900% increase in the development of the British solar power was registered in just 18 months notwithstanding of a forecasted recession in the British economy. In line with the discharged figures by AEA, a British energy and environmental consultancy firm, solar panels capacity represents about 75% of the renewable installations in the UK, while wind energy and hydropower installations have doubled since the entering into force of the feed- in tariff system.

read more... 27/09/2011

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BP to enter Southern Corridor Pipeline battle

The British oil giant, BP may consider another pipeline for the transportation of natural gas from its Shah Deniz field, in the Azeri sector of the Caspian Sea, known as the South-East Europe Pipeline, which may compete with three other potential routes as Nabucco, the Trans-Adriatic and the IGI Poseidon.

read more... 27/09/2011

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Weekly Energy Trends - EUAs Fell Below 12 EUR/tonne

Oil Worldwide - Brent crude oil futures fell strongly in volatile trading as fresh concerns about the euro zone added to the economic obscurity pushed prices down 6.9% last week. Fresh strikes emerged in Greece in protest against new budget austerity steps. U.S. stocks had a bleeding week, the Dow Jones falling 6.4%.

read more... 26/09/2011

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Turkey reached 1600 MW of wind power

According to the statement of the Turkish Deputy Prime Minister Bulent Arinc, the recently completed wind farm in Akhisar, worth 1.6 billion Euros, is the 72 wind farm of the total in the country.

read more... 26/09/2011

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